(UFO) Procure Space - Overview

ETF Category: Miscellaneous Sector | Exchange: NASDAQ (USA) | Market Cap: 889m USD | Total Return: 141.9% in 12m

Satellites, Rockets, Ground Equipment, Telecommunications
Total Rating 89
Safety 68
Buy Signal 0.72
Miscellaneous Sector Category Rotation: -6.5
TER: 0.75%
AUM: 889M
Avg Turnover: 55.2M
Risk 3d forecast
Volatility40.5%
VaR 5th Pctl7.03%
VaR vs Median-3.65%
Reward TTM
Sharpe Ratio2.51
Rel. Str. IBD94.1
Rel. Str. Peer Group85
Character TTM
Beta1.507
Beta Downside1.166
Hurst Exponent0.484
Drawdowns 3y
Max DD25.91%
CAGR/Max DD1.89
CAGR/Mean DD5.11

Warnings

No concerns identified

Tailwinds

Leader, Tailwind

Description: UFO Procure Space

The Procure Space ETF (UFO) tracks a global index of companies primarily engaged in the space economy, requiring constituents to derive at least 50% of their revenue or profit from space-related activities. This non-diversified fund focuses on sectors such as satellite technology, ground equipment manufacturing, and space-based telecommunications.

The space sector operates on a capital-intensive business model characterized by high research and development costs and long-term government or commercial contracts. Satellite technology remains a core revenue driver, facilitating global positioning systems (GPS), broadband connectivity, and Earth observation data used in agriculture and defense.

Investors can further evaluate the financial health and valuation metrics of these aerospace components by consulting ValueRay. This fund provides concentrated exposure to an industry increasingly influenced by the transition from government-led missions to private commercial ventures.

Headlines to Watch Out For
  • Government defense spending and space force budget allocations drive revenue growth
  • Satellite communications demand for global internet connectivity scales commercial earnings
  • High capital expenditure requirements for launch infrastructure impact free cash flow
  • Regulatory shifts in orbital debris management and spectrum licensing affect operations
  • Aerospace manufacturing supply chain stability determines satellite deployment and delivery timelines
What is the price of UFO shares? As of May 21, 2026, the stock is trading at USD 58.92 with a total of 1,121,085 shares traded.
Over the past week, the price has changed by +4.54%, over one month by +7.99%, over three months by +31.96% and over the past year by +141.88%.
Is UFO a buy, sell or hold? Procure Space has no consensus analysts rating.
What are the forecasts/targets for the UFO price?
Analysts Target Price - -